The Terra blockchain has resumed block production. Validators have decided to disable on-chain swaps, and IBC channels are now closed. Users are encouraged to bridge off-chain assets, such as bETH, to their native chains. Note: Wormhole bridge is currently unavailable.

First Mover Asia: USDC Hasn’t ‘Flippened’ USDT, but Trader Preferences Are Changing; Cryptos Rise Despite Bearishness A Glassnode analyst suggests the collapse of the UST token has triggered a change in investors' stablecoin preferences; bitcoin holds above $30,000.

GIVE UP

Coinbase Co-Founder Fred Ehrsam Buys the Dip, Purchases $75M of Company Stock The purchases were made via Paradigm, a venture capital firm Ehrsam co-founded.

Market Wrap: Cryptos Decline Amid Choppy Trading, DeFi Tokens Underperform Aversion to risk remains as volatility returns to stocks and cryptos.

📣 Attention $LUNA airdrop recipients 📣 We are aware that some have received less $LUNA from the airdrop than expected & are actively working on a solution. More information will be provided when we have gathered all of the data, so stay tuned.

Binance Labs Raises $500M Fund for Web 3, Blockchain Investments The new fund will invest in cryptocurrency companies in three stages spanning from incubation to late-stage growth.

Inside the Environmentalist Campaign to Change Bitcoin’s Code Campaigners explain why they’re convinced all it takes is support from a few powerful firms and people to change the fundamentals of Bitcoin.

The government is getting serious about crypto crime. Recently Chainalysis was invited to speak to the Senate homeland security committee. buff.ly/3mqaNUM

The Solana Foundation and Solana Ventures formed the generously-backed fund to support the growth of DeFi, NFT, and gaming ecosystems in South Korea. It will also help developers from the Terra ecosystem. cointelegraph.com/news/solana-ve…

Follow the whales? Bitcoin's big traders are shaping the market, data shows. cointelegraph.com/news/can-it-ge…

Bitcoin hodlers may have had it easy this "bear market," data suggests. cointelegraph.com/news/that-s-no…

Bitcoin miner sales may continue to pressure the token's price, JPMorgan says trib.al/QlLA0CD

Might be a great opportunity to get some

The SEC rejected Grayscale’s bid to convert its Bitcoin investment product into an ETF. So now they’re heading to court trib.al/BOjkVJ1

Nobody wants to be caught in a bull trap. Here is what you can look out for to identify and avoid one: buff.ly/3OXA4C3

DeFi took a huge slip, but when it gets knocked down it gets back up again. You're never gonna keep it down. buff.ly/3Pd4IrH

At a time when many crypto companies have seen their fortunes plummet, one corner of the industry is thriving trib.al/ewogTx0